Table 2 (for Moon, S. J., Yuh, Y, & Hanna, S. D., Financial ratio analysis of Korean households, ACFEA Proceedings, 2001.)
Logistic Regressions of Whether Household Met Ratio Guidelines
|
` |
Ratio 1: Liquidity |
Ratio 2: Debt safety |
Ratio 3: Debt service |
Ratio 4: Solvency |
Ratio 5: Capital accumulation |
Ratio 6: Savings ratio |
||||||
|
coeff. |
sig. |
coeff. |
sig. |
coeff. |
sig. |
coeff. |
sig. |
coeff. |
sig. |
coeff. |
sig. |
|
|
Intercept |
-0.464 |
0.000 |
2.1283 |
0.000 |
2.8184 |
0.000 |
2.8945 |
0.000 |
-2.5463 |
0.000 |
0.8492 |
0.000 |
|
Income/1000 |
0.000179 |
0.000 |
-0.00005 |
0.000 |
-0.00005 |
0.000 |
0.000087 |
0.001 |
0.000078 |
0.000 |
0.000067 |
0.000 |
|
(Income/1000)2 |
-3.40E-09 |
0.000 |
6.02E-10 |
0.000 |
5.04E-10 |
0.004 |
-3.54E-09 |
0.000 |
-7.03E-10 |
0.000 |
-7.39E-10 |
0.000 |
|
(Income/1000)3 |
1.97E-14 |
0.000 |
-2.05E-15 |
0.002 |
-1.34E-15 |
0.027 |
3.11E-14 |
0.003 |
1.39E-15 |
0.000 |
1.77E-15 |
0.000 |
|
Age 30-39 |
0.1523 |
0.001 |
0.2131 |
0.000 |
0.2645 |
0.000 |
-0.0936 |
0.371 |
0.1085 |
0.052 |
0.1237 |
0.007 |
|
Age 40-49 |
-0.0228 |
0.673 |
0.4244 |
0.000 |
0.3776 |
0.000 |
-0.1966 |
0.118 |
-0.0672 |
0.324 |
-0.2169 |
0.000 |
|
Age 50-59 |
-0.0102 |
0.857 |
0.4452 |
0.000 |
0.6047 |
0.000 |
0.0745 |
0.597 |
-0.2962 |
0.000 |
-0.2947 |
0.000 |
|
Age 60 and over |
0.0183 |
0.795 |
0.873 |
0.000 |
0.7596 |
0.000 |
0.5828 |
0.004 |
-0.3199 |
0.001 |
-0.0137 |
0.851 |
|
Household size=2 |
-0.3227 |
0.002 |
0.0488 |
0.703 |
0.0249 |
0.889 |
-0.892 |
0.000 |
-0.6249 |
0.000 |
-0.1012 |
0.348 |
|
Household size=3 |
-0.573 |
0.000 |
-0.0817 |
0.525 |
-0.0421 |
0.819 |
-0.8128 |
0.001 |
-0.7606 |
0.000 |
-0.1614 |
0.148 |
|
Household size=4 |
-0.6613 |
0.000 |
-0.2042 |
0.126 |
-0.0673 |
0.725 |
-0.8168 |
0.002 |
-0.9078 |
0.000 |
-0.3195 |
0.006 |
|
Household size=>5 |
-1.0707 |
0.000 |
-0.0933 |
0.555 |
0.3253 |
0.175 |
-0.8532 |
0.007 |
-1.2889 |
0.000 |
-0.6216 |
0.000 |
|
Inc*Household size=2 |
1.31E-06 |
0.850 |
0.000016 |
0.014 |
0.000013 |
0.151 |
0.000059 |
0.000 |
9.31E-06 |
0.166 |
-5.13E-07 |
0.938 |
|
Inc*Household size=3 |
4.98E-06 |
0.459 |
0.000022 |
0.000 |
0.000026 |
0.003 |
0.000058 |
0.000 |
0.000012 |
0.049 |
7.32E-07 |
0.907 |
|
Inc*Household size=4 |
6.97E-06 |
0.294 |
0.00003 |
0.000 |
0.000031 |
0.000 |
0.000062 |
0.000 |
0.000011 |
0.063 |
3.02E-06 |
0.619 |
|
Inc*Household size=>5 |
0.000011 |
0.111 |
0.000028 |
0.000 |
0.000026 |
0.006 |
0.000063 |
0.000 |
0.000011 |
0.090 |
8.57E-06 |
0.174 |
|
Children in school |
-0.00798 |
0.847 |
-0.0153 |
0.729 |
-0.1199 |
0.065 |
-0.232 |
0.017 |
0.0884 |
0.071 |
-0.457 |
0.000 |
|
Baby age under 6 |
0.3713 |
0.000 |
-0.1721 |
0.000 |
-0.2958 |
0.000 |
-0.1147 |
0.239 |
0.2831 |
0.000 |
0.2937 |
0.000 |
|
Education=HS |
0.00774 |
0.843 |
-0.1927 |
0.000 |
-0.1227 |
0.068 |
0.082 |
0.379 |
-0.0196 |
0.700 |
-0.1571 |
0.000 |
|
Education=college |
0.0496 |
0.374 |
-0.304 |
0.000 |
-0.2824 |
0.001 |
-0.2222 |
0.079 |
-0.0467 |
0.492 |
-0.3493 |
0.000 |
|
Education=grad/prof. |
-0.3835 |
0.000 |
-0.3652 |
0.001 |
-0.2245 |
0.178 |
-0.5558 |
0.013 |
-0.0511 |
0.650 |
-0.6145 |
0.000 |
|
Managerial, Professional |
-0.1301 |
0.058 |
-0.00418 |
0.951 |
0.1681 |
0.099 |
-0.0614 |
0.693 |
-0.211 |
0.004 |
-0.2468 |
0.000 |
|
Technical |
-0.0984 |
0.072 |
0.0386 |
0.487 |
0.0954 |
0.237 |
-0.1272 |
0.303 |
-0.1412 |
0.023 |
-0.2167 |
0.000 |
|
Office |
0.0448 |
0.354 |
-0.0666 |
0.169 |
0.0643 |
0.364 |
0.0628 |
0.584 |
-0.0534 |
0.331 |
-0.2717 |
0.000 |
|
Service |
-0.1963 |
0.000 |
0.134 |
0.020 |
0.2221 |
0.008 |
-0.3377 |
0.002 |
-0.1955 |
0.003 |
-0.1174 |
0.018 |
|
Married |
-0.0612 |
0.228 |
-0.5157 |
0.000 |
-0.4884 |
0.000 |
-0.1784 |
0.141 |
0.2917 |
0.000 |
-0.4692 |
0.000 |
|
Male |
-0.195 |
0.000 |
0.1277 |
0.017 |
0.1707 |
0.024 |
-0.1861 |
0.094 |
-0.2569 |
0.000 |
0.0475 |
0.300 |
|
Dual earner |
0.0295 |
0.418 |
0.0145 |
0.702 |
0.1259 |
0.028 |
-0.0935 |
0.266 |
-0.1644 |
0.000 |
0.7073 |
0.000 |
|
City residence |
-0.2344 |
0.000 |
0.0367 |
0.229 |
0.0289 |
0.515 |
0.421 |
0.000 |
-0.159 |
0.000 |
0.000657 |
0.981 |
|
Pseudo R Squared |
0.088 |
0.036 |
0.028 |
0.030 |
0.066 |
0.074 |
||||||
|
Concordance rate |
0.652 |
0.603 |
0.604 |
0.609 |
0.648 |
0.645 |
||||||